TWITTER IPO LIVE: Twitter could open up 81 pct

10:45 AM,
Nov. 7, 2013

Written by

AP

NEW YORK (AP) - The opening bell has been rung on the trading floor of the New York Stock Exchange as Twitter prepares to start trading under the ticker symbol "TWTR." Twitter's trading debut is the most highly anticipated since Facebook's last year. There's indication that Twitter could start trading at up to 81 percent above its IPO price.

Twitter priced the initial public offering of stock at $26 per share, valuing the company at more than $18 billion based on its outstanding stock, options and restricted stock that'll be available after the IPO. The pricing means the short messaging ...